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Northwest Bancshares (NWBI) in Warren, Pa., reported a 12% rise in quarterly earnings as its asset quality improved and its costs fell.
October 21 -
Northwest Bancshares (NWBI) in Warren, Pa., has launched a service to help customers track royalties earned on gas and oil leases.
August 15 -
The $8 billion-asset subsidiary of Northwest Bancshares (NWBI) said Wednesday it would buy The Bert Company, which operates an employee benefits and property and casualty insurance firm known as The Bert Insurance Group, based in Erie, Pa.
November 21
Northwest Savings Bank in Warren, Pa., has agreed to acquire a financial advisory firm and an employee benefits and consulting insurance company.
The acquisition of financial advisory firm Evans Capital Management will give Northwest nearly $2 billion of assets under management, according to its Wednesday press release. The $7.9 billion-asset subsidiary of Northwest Bancshares (NWBI) expects to complete the transaction on Jan. 1. The terms of the deal were not disclosed.
Evans Capitals management and staff would remain intact after the deal closes and its headquarters would remain in Erie, Pa.,
Northwest also agreed to acquire another firm, Employee Benefit Resources, that is owned by Evans founder Jeffrey W. Evans, and his son, Jeffrey G. Evans. The staff of the firm will become employees of Northwest Insurance Services.
Northwest acquired insurance firm
